Hyderabad, Nov. 1 -- In view of the increasing number of fraudulent loan schemes being reported in Hyderabad, particularly investigated by Central Crime Station (CCS), Detecctive Dapartment ((DD), Hyderabad, today cautioned the citizens to remain alert and exercise utmost vigilance in any interaction involving loans or financial advances.
During the years 2023-2025, a total of 25 loan fraud cases includidng 12 cases alone in 2025 reported at CCS(DD), according to Hyderabad Commissioner of Police, VC Sajjanar.
Key Modes of Fraud Identified, the police said the fraudsters pose as genuine loan providers (banks, NBFCs, cooperative societies) and collect personal identity documents (PAN, Aadhaar), bank details, or upfront charges from unsuspec...